Crypto Update: Solana Surge & ZKPs' AI Privacy
The cryptocurrency market sees significant developments with Solana's price surge and the integration of Zero-Knowledge Proofs into AI architecture for enhanced privacy.
Category : Banking
SC Seeks Status Reports from CBI, ED on PIL Against Anil Ambani Group
The Supreme Court has asked the CBI and Enforcement Directorate to file status reports on a PIL alleging banking fraud by the Anil Dhirubhai Ambani Group, highlighting concerns over financial irregularities in India's banking sector.
Sundaram Home Finance Q3 Profit Up 20% to Rs 75.14 Cr
Sundaram Home Finance reports robust Q3 FY26 results with 20% net profit growth to Rs 75.14 crore. Assets under management surge 18% to Rs 18,880 crore, driven by strong performance in Emerging Business segment.
Adani Stocks Fall 13% as SEC Seeks Email Summons in Bribery Case
Adani Group companies witnessed sharp declines in share prices, with some stocks falling as much as 13%, following reports that the US SEC is seeking court approval to serve summons via email to Gautam Adani and Sagar Adani in connection with an alleged f
Trai Reviews DLC Tariffs After 10 Years, Affecting Enterprise Broadband
India's telecom regulator initiates first review of domestic leased circuit prices in over a decade, potentially changing costs for banks, IT firms and data centers using secure high-speed broadband lines.
SEBI Code & Family Trusts: In-Law Impact on Succession
Indian promoter families increasingly use private trusts for succession planning, but SEBI's Takeover Code excludes daughters-in-law from 'immediate relatives,' creating compliance hurdles for modern family structures.
RBI Announces ₹1 Trillion OMOs, $10B Swap as Rupee Hits Low
The Reserve Bank of India announces its third liquidity infusion package with ₹1 trillion in government bond purchases and $10 billion dollar-rupee swaps to ease tight conditions and support the rupee after it hit a record low of 91.97 against the US doll
Rupee Hits Record Low of 92 vs Dollar, Recovers to 91.88
Indian rupee plunged to historic low of 92 per US dollar on Friday before settling at 91.88. FII outflows, weak equities, global risk-off mood, and rising crude oil prices pressured the currency.
KVB Q3 Net Profit Jumps 39% to Rs 690 Crore
Karur Vysya Bank reports strong Q3 FY26 results with 39% net profit growth to Rs 690 crore. Net interest income rises 14.6% to Rs 1,239 crore while NIM remains stable at 3.9%.
UBS Explores Crypto Investments for Private Clients
Swiss banking giant UBS Group AG is reportedly preparing to introduce cryptocurrency investment opportunities for select private banking clients in Switzerland, with potential expansion to global markets.
Intel Shares Plunge 13% After CEO's Disappointing Forecast
Intel Corp shares plummeted 13% in pre-market trading after CEO Lip-Bu Tan issued weak Q1 guidance, highlighting persistent manufacturing challenges and inventory depletion.
IndusInd Bank Swings to Q3 Profit After Q2 Loss
IndusInd Bank reported a net profit of Rs 128 crore for Q3 FY26, reversing a Rs 437 crore loss in Q2. The bank announced leadership changes and continues its balance-sheet restructuring amid year-on-year earnings pressure.
Shriram Finance Q3 Profit Jumps 21%, Beats Estimates
Shriram Finance reported a 21.25% rise in Q3 profit to ₹25.22 billion, exceeding analyst expectations. Growth was driven by robust lending in commercial vehicles, passenger vehicles, and SME segments.
DBS: Don't Cut Equity, Diversify Amid Geopolitical Risks
Joanne Goh of DBS Bank advises against broad equity reduction despite geopolitical risks. Instead, diversify with private equity, gold, and hedge funds. She highlights opportunities in India's infrastructure, banking, and selective IT sectors.
Gold, Silver Futures Scale Record Highs on Safe-Haven Demand
Gold and silver futures surged to fresh lifetime highs on MCX and global markets, driven by safe-haven demand, a weaker US dollar, and expectations of Fed rate cuts. Prices rose across major Indian cities.
Consumer Gets Full Refund for Defective Fridge After Fee Dispute
An Ahmedabad resident secured a complete refund of Rs 84,000 for a faulty Bosch refrigerator after the company demanded an inspection charge during warranty. CERC's intervention resolved the consumer grievance effectively.
Bank Locker Gold Security: RBI Liability Cap Exposed
With gold prices soaring, bank locker rent may not secure your valuables. RBI limits bank liability to 100 times annual rent, leaving gold unprotected against theft, fire, or natural disasters. Experts recommend separate jewellery insurance.
IndusInd Bank Names Arijit Basu as New Chairman
IndusInd Bank appoints former SBI Managing Director Arijit Basu as Chairman effective January 31, succeeding Sunil Mehta who steps down after three-year tenure.
Rupee Hits Record Low of 92 vs Dollar, Settles at 91.88
The Indian rupee plummeted to an unprecedented low of 92 against the US dollar in intraday trading, driven by weak domestic markets and sustained foreign fund outflows, before recovering marginally to close at 91.88.
IndusInd Bank Q3 Profit ₹128 Cr, NIM at 3.52%
IndusInd Bank reports Q3 FY26 net profit of ₹128 crore, a significant turnaround from Q2 loss. Net Interest Margin improves to 3.52%, reflecting stronger operational performance.
PNB Housing Bets on Affordable Loans to Counter Bank Dominance
PNB Housing Finance shifts focus to affordable and emerging market segments to improve margins as banks dominate prime home loans. CEO Ajai Kumar Shukla outlines expansion plans including branch network growth and digital investments.
MMTC Pamp Seeks Duty Parity for Gold Refiners in Budget 2026
MMTC Pamp, a leading gold refiner, has urged the government to introduce duty parity for gold refiners in the upcoming Union Budget 2026 to boost domestic refining and reduce import reliance.
DeepSnitch AI Presale Rises Amid Ripple's 2026 Corporate Crypto Forecast
DeepSnitch AI's crypto presale attracts new investors as Ripple's president predicts significant corporate crypto adoption by 2026, highlighting AI-driven blockchain innovations.
Paytm Stock Falls 10% on PIDF Scheme Concerns
Paytm shares tumbled nearly 10% on Friday as concerns emerged about the potential discontinuation of the Payment Infrastructure Development Fund scheme beyond 2025, which contributes significantly to the company's operating profit.
Silver, Gold Hit Lifetime Highs on MCX
Silver and gold prices surged to record highs on MCX, driven by a weak US dollar and expectations of Federal Reserve rate cuts, with silver gaining nearly 4%.
SEBI Accuses EY, PwC Executives of Insider Trading
India's market regulator SEBI has issued a notice alleging insider trading by executives at EY and PwC, along with family members, ahead of Yes Bank's 2022 share offering.
IBPS RRB Clerk Prelims Result 2025 Out
The Institute of Banking Personnel Selection has released the IBPS RRB Clerk Prelims Result 2025. Candidates can now download their scorecards from the official website ibps.in. Check steps and details here.
Rupee Hits Record Low at 91.99, Nears 92 vs Dollar
The Indian rupee plunged to a fresh record low of 91.99 against the US dollar on Friday, January 23, 2026, marking a 0.63% decline from previous close amid strong dollar demand.
Paytm as India's Digital Payments Toll Road: Investec
Investec Equities analysis positions Paytm as a 'payments toll road operator' within India's digital commerce ecosystem, highlighting its strategic role in facilitating transactions.
Vande Bharat Train Navigates Snow-Covered Kashmir Tracks
The Katra-Srinagar Vande Bharat Express continues smooth operations despite fresh snowfall across Kashmir. Railway staff work tirelessly to clear tracks, ensuring uninterrupted service on this crucial route.
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